What if everything you knew about strategy was wrong?

In this profound and candid episode, legendary Harvard Business School professors Joseph Bower and Clark Gilbertdismantle the myths of top-down strategy and reveal what actually drives innovation inside organizations — resource allocation.

Hosted by Aidan McCullen, this conversation connects over 50 years of organizational research with real-world disruption—from Clay Christensen's disruptive innovation, to Intel's strategic shifts, to why academic institutions resist change.

🔥 You'll learn:

• Why strategy emerges from internal decisions—not just executive planning

• The role of middle management and customer capture in strategic failure

• How organizations can manage dual transformation

• The secret behind Harvard's innovation blind spots

• Advice for innovators, executives, and scholars navigating complex systems

This is not your typical leadership podcast. It's a masterclass in innovation thinking, organizational change, and deep system insights — directly from the architects of the field.

00:00 Introduction and Sponsor Message

00:21 Introducing the Guests: Clark Gilbert and Joe Bower

01:02 Clark Takes Over as Host

01:33 The Connection Between Resource Allocation and Strategy

05:26 Challenges in Strategy Implementation

09:03 Case Studies and Real-World Examples

11:11 Issues in Academic Research

19:48 The Harvard Business School Case

28:10 The Teradyne Case Study

32:41 Elon Musk's Unique Management Style

35:21 The Power of Structural Context in Education

37:50 The Concept of Undermining in Business

39:23 Managing Cognitive Framing in a Changing World

44:06 The Importance of Deep Industry Knowledge

49:16 Advice for Future Scholars

55:56 Final Reflections and Gratitude

📚 Resources and People Mentioned:

• Book: From Resource Allocation to Strategy – by Bower, Gilbert & others
• Dual Transformation – by Clark Gilbert & Scott D. Anthony
• The Innovator's Dilemma – by Clayton Christensen
• Case Studies: Intel, Teradyne, Kodak, Harvard Business School

💡 Featured Thinkers Mentioned:

• Clayton Christensen – Disruptive innovation pioneer, HBS
• Tom Eisenmann – Strategy & entrepreneurship expert, HBS
• Donald Sull – Former HBS faculty, expert on execution and volatility
• Yves Doz – INSEAD professor, known for multinational innovation research
• Howard Yu – IMD professor; explored tech disruption in Asia
• Tomo Noda – Japanese academic and innovator in business education reform
• Robert Burgelman - MIT professor and prolific author